Tag: Mortgage

Posted on 02/21/2021
Grow Your Portfolio with an Assumable Mortgage
Image by Tumisu from Pixabay It's easy to think that investing in real estate is an incredibly expensive venture. You may think you need thousands if not tens of thousands saved before you can even think about it. But there are ways to jumpstart your portfolio even if you're renting one of the cheapest apartments in your neighborhood....
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Posted on 11/08/2020
How Your Credit Score Affects Your Interest Rate
Image by Tierra Mallorca from Unsplash One of the most important things to check once you decide to start the home-buying process is your credit score. The three major credit bureaus keep track of how you pay for your credit and how much credit you have. Your score fluctuates, sometimes daily, depending on how much you owe and...
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Posted on 08/02/2020
How Does a Balloon Mortgage Work?
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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Posted on 04/19/2020
Key Factors Regarding Mortgage Rates in Florida
Photo by OpenClipart-Vectors via Pixabay Mortgage rates in Florida are some of the best in the nation. The housing market is growing so fast that builders and sellers are seeing homes come off the market just days after the property has been listed. When it comes time to buy your home in Florida, it's a good idea for...
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Posted on 11/03/2019
Things to Remember about Missed Mortgage Payments
Photo by: NeONBRAND via Unsplash Missing a mortgage payment is not the end of the world. Many lenders are more than ready to work out a payment plan if you’re going through a rough patch or budgetary crisis. However, you may end up doing more harm than good to your credit and home ownership if you don’t contact...
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